RBA Wealth Management LLC Has $596,000 Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• RBA Wealth Management LLC significantly reduced its holdings in Cisco Systems, cutting its shares by 89.6% in Q2, leaving it with a value of $596,000 in the company.
• Cisco reported Q4 earnings with $0.99 EPS and revenue of $14.67 billion, surpassing analyst expectations, and expects to provide guidance of 0.970-0.990 EPS for Q1 2026.
• The company recently announced a quarterly dividend of $0.41 per share, representing an annualized yield of 2.4%, payable on October 22nd.

RBA Wealth Management LLC lessened its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 89.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,594 shares of the network equipment provider's stock after selling 73,678 shares during the period. RBA Wealth Management LLC's holdings in Cisco Systems were worth $596,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CSCO. Brighton Jones LLC grew its position in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock worth $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock valued at $542,000 after acquiring an additional 2,474 shares in the last quarter. GAMMA Investing LLC boosted its position in Cisco Systems by 7,096.5% during the 1st quarter. GAMMA Investing LLC now owns 6,718,402 shares of the network equipment provider's stock worth $414,593,000 after acquiring an additional 6,625,045 shares during the period. Doliver Advisors LP raised its position in shares of Cisco Systems by 2.5% in the first quarter. Doliver Advisors LP now owns 12,550 shares of the network equipment provider's stock valued at $774,000 after purchasing an additional 308 shares during the period. Finally, Somerset Trust Co boosted its holdings in shares of Cisco Systems by 1.5% in the 1st quarter. Somerset Trust Co now owns 109,910 shares of the network equipment provider's stock worth $6,783,000 after acquiring an additional 1,636 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on CSCO shares. Wolfe Research assumed coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They set a "peer perform" rating for the company. Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. Morgan Stanley raised their target price on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Piper Sandler increased their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Price Performance

CSCO opened at $67.22 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a fifty day simple moving average of $68.12 and a 200 day simple moving average of $64.32. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The firm has a market cap of $265.73 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 2.82 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares in the company, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares of the company's stock, valued at $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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